A bill to amend the Shipping Act, 1916, in order to prohibit the practice of port equalization.

Prohibits, under the Shipping Act of 1916, the practice of port equalization. Defines the term "port equalization" to mean the practice whereby a carrier absorbs the additional cost involved in transportation of cargo from or to the inland point of origin or destination and a port other than the port closest to or from the inland point of origin or point of destination.